Banks Hit IT Inflection Point; Over a Quarter (26%) of Mission-Critical Tech Reaches End-of-Service
- 16 hours 27 min ago
- Banking
Banks and financial institutions are hitting a decisive moment in their technology journeys, according to research from Kyndryl, a leading provider of mission-critical enterprise technology services.
Zopa Bank Delivers £65 Million Profit in 2025 Cementing Its Position in Everyday Banking
- 17 hours 57 min ago
- Banking
Zopa, the British digital bank pioneer with just under 2 million customers, today reports its third full year of profitability. Doubling profit before tax to £65 million for the financial year ending 31 December 2025, excluding SBT and one-off items, the milestone underscores Zopa Bank’s remarkable trajectory since launching in 2020.*
Metro Bank Launches New FX Forwards Service, Powered by Equals Money
- 1 day 16 hours ago
- Banking
Metro Bank has partnered with Equals Money to make FX Forwards available to its Corporate and Commercial customers, expanding its foreign exchange offering. The addition of FX Forwards strengthens Metro Bank’s international banking capabilities for business customers. The service enables businesses to manage foreign currency exposure, plan future payments with greater certainty and keep more of their FX activity within Metro Bank’s banking... more
Token.io Launches “Account on File” Feature to Boost Pay by Bank Checkout Conversion
- 1 day 17 hours ago
- Banking
Token.io, the leading Pay by Bank infrastructure provider, today announces the launch of ‘Account on File’, a new feature that significantly enhances the convenience of Pay by Bank. The feature enables Payment Service Providers (PSPs) and merchants across the UK and Europe to enhance Pay by Bank experiences while increasing checkout conversion rates.
UK Savers Miss Out on £1,661 by Staying Loyal to Low-Rate Accounts – LHV Bank
- 1 day 19 hours ago
- Banking
Millions of UK savers could miss out on more than £1,600 in interest by leaving their money in low paying accounts rather than moving to a more competitive rate, analysis from LHV Bank shows. The research looks at what the average saver could earn over the next five years if they left cash in a typical high street easy access account compared with a higher paying alternative.
Circles’ SaaS Platform Integrates Airwallex’s Embedded Finance to Help Telcos Launch Digibanking Services Across 70+ Countries
- 1 day 19 hours ago
- Banking
Circles and Airwallex today announced a strategic global partnership to integrate Airwallex's industry-leading embedded finance solutions into CirclesX, Circles' award-winning SaaS platform for telecom operators.
Avaloq and Aladdin Wealth Strengthen Service Offering to Arab Bank Switzerland
- 2 days 19 hours ago
- Banking
Avaloq started working with Arab Bank Switzerland in 2017, delivering a software-as-a-service (SaaS) model for core banking combined with banking operations outsourcing (BPaaS). This solid operational foundation has supported the bank’s strong growth, with assets under management of the Arab Bank Switzerland’s Group, including Gonet, close to CHF 20 billion at year-end 2025.
IuteBank Begins Operating as a Regular Bank in Ukraine
- 3 days 15 hours ago
- Banking
IuteBank, part of the Estonian-based Iute Group, has completed the transition period following the bridge bank process and will begin operating as a regular bank in the Ukrainian market from 17 March.
85% of Banks’ Corporate Clients Plan to Engage With a Non-Bank Financial Institution Within the Next 12 Months as Competition With Private Capital Intensifies
- 3 days 17 hours ago
- Banking
Corporate and investment banks (CIBs) face intense competition from non‑bank financial institutions, as client expectations rise and technology initiatives fail to deliver the anticipated benefits, according to the Capgemini Research Institute’s inaugural World Corporate and Investment Banking Report 2026. The research shows that 85% of corporate clients plan to engage with a non-bank financial institution within the next 12 months, in search of... more
Finom Launches Interest Account, Offering European Businesses Daily Returns on Idle Cash
- 3 days 19 hours ago
- Banking
Finom, the integrated financial management platform for freelancers and SMEs in Europe, launched the Interest Account: an embedded, fully MiFID-regulated feature that lets business customers earn daily returns on EUR balances.
Truist Financial Expands Open Banking Capabilities With Plaid
- 6 days 14 hours ago
- Banking
Truist Financial Corporation and Plaid Inc. today announced a data‑access agreement expanding secure open banking access for Truist clients, delivering increased control over their finances.
AlHuda CIBE Global Webinar Series 2026
- 6 days 18 hours ago
- Islamic Finance
AlHuda Centre of Islamic Banking and Economics (CIBE) is proud to announce the launch of its Global Webinar Series 2026, a year-long knowledge-driven initiative designed to strengthen Islamic finance through innovation, compliance, and strategic market insights. This highly anticipated webinar series will commence in February 2026 and continue throughout the year, bringing together global experts, Shariah scholars, regulators, and industry... more
Worldline and ABN AMRO Extend Partnership to Support Payment Services in the Dutch Market
- 1 week 15 hours ago
- Banking
Worldline, a European leader in payment services, extends its long-term partnership with ABN AMRO. Under the new long-term agreement, Worldline will continue as an important partner for ABN AMRO.
Mambu Powers Africa's First Islamic Neobank
- 1 week 16 hours ago
- Banking
Mambu, the leading SaaS cloud banking platform, today announced a strategic collaboration with Nyla, Africa’s first Islamic neobank, to power its shari’ah-compliant digital banking infrastructure as it launches in Ghana and prepares for expansion across West Africa. The partnership marks a significant milestone for Mambu’s Islamic banking offering on the African continent, bringing scalable, cloud-native infrastructure to an underserved market.
Crown Agents Bank Announces Strategic Partnership With KEB Hana Bank for Cross-Border Payments in South Korea
- 1 week 16 hours ago
- Banking
Crown Agents Bank (CAB), a leading B2B FX and payments provider delivering prosperity in the fast‑growth and dynamic markets it serves, has signed a new commercial partnership agreement with Hana Bank, one of South Korea’s most prestigious and respected financial institutions.
